Inflation in Finland
Finland - Harmonized Inflation
Harmonized inflation remains steady in October
Harmonized inflation was stable at September's 8.4% in October. Lower price pressures for housing and utilities, as well as for transport, offset the increasing prices for food and non-alcoholic beverages.
The trend pointed up, with annual average harmonized inflation coming in at 6.2% in October (September: 5.8%). Meanwhile, consumer price inflation rose to 8.3% in October, from the previous month's 8.1%.
Lastly, harmonized consumer prices rose 0.82% in October over the previous month, accelerating from September's 0.72% rise. October's uptick was the sharpest increase in prices since May.
FocusEconomics Consensus Forecast panelists see harmonized inflation averaging 4.0% in 2023, which is up 0.3 percentage points from the prior month’s projection, and 1.7% in 2024.
Finland - Harmonized Inflation Data
|Inflation Rate (HICP, annual variation in %)||-0.2||0.4||0.8||1.2||1.1|
5 years of economic forecasts for more than 30 economic indicators.
Finland Harmonized Inflation Chart
Source: Statistics Finland.
|Bond Yield||0.03||3.70 %||Dec 30|
|Exchange Rate||8.78||-0.38 %||Jan 01|
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November 15, 2022
Economic activity increased 0.6% month-on-month in seasonally adjusted terms in September (August: +0.4% mom).
November 14, 2022
Harmonized inflation was stable at September's 8.4% in October.
November 11, 2022
The current account posted a EUR 0.4 billion surplus in September, rebounding from the EUR 0.5 billion deficit posted in August (September 2021: EUR 1.0 billion surplus).
October 14, 2022
Harmonized inflation rose to 8.4% in September, following August’s 7.9%.
October 12, 2022
The current account posted a EUR 0.2 billion deficit in August, improving from the EUR 0.3 billion deficit clocked in July (August 2021: EUR 0.4 billion surplus).